Cryptocurrencies are becoming increasingly important worldwide, and some countries are eager to position themselves as leaders.
Recently, Pakistan made a bold move by appointing Binance co-founder CZ to its Digital Asset Council. Kyrgyzstan followed suit by launching its own crypto council, with CZ on the team. These decisions show that adoption is progressing rapidly, and some countries want to be at the forefront.
We can clearly see a global wave taking shape. Here's what other countries have done recently to boost crypto adoption:
1. Pakistan (2025): CZ joins the Digital Asset Council, a significant step toward overseeing and promoting cryptocurrencies.
2. Kyrgyzstan (2025): Creation of a Digital Asset Council with CZ, plus a partnership with Binance to modernize crypto payments and educate about decentralized finance.
3. United Arab Emirates (2024): Ripple has been granted a license to offer crypto payments, cementing Dubai as a major crypto hub.
4. Thailand (2024): USDT and USDC stablecoins are now authorized for trading, making crypto more accessible.
5. United States (2024): The SEC has approved 11 Bitcoin Spot ETFs, a major milestone for traditional investors.
6. European Union (2024-2025): The MiCA regulation begins to apply, providing a clear framework for crypto across the EU.
7. Bhutan (2024): $500 million invested in Bitcoin mining infrastructure, a clear ambition in the sector.
8. Hong Kong (2024): Exchanges can offer retail crypto trading, and Bitcoin Spot ETFs are being approved to establish the city as a Web3 leader. All of this proves that cryptocurrencies are no longer just a buzzword, but a reality that's taking hold. Pakistan and Kyrgyzstan are leading the way in 2025, and we can bet other countries will follow with similar announcements in the coming days.
